[NEW YORK] Wall Street stocks tumbled Thursday after a downcast European Central Bank policy announcement sharpened worries about slowing global growth.The broad-based S&P 500 shed 0.8 per cent to 2,748.93, while the tech-rich Nasdaq Composite Index sank 1.1 per cent to 7,421.46.
"For once, we can see the problems with European stocks jump to the American market," said Gregori Volokhine of Meeschaert Financial Services.Declines were fairly broad-based, with Dow members Caterpillar, Goldman Sachs and Home Depot all losing one per cent or more.
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